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This Recession Ain’t Over

Unfortunately your prognosis for our next 5 years is spot on.

We are mired in a sea of denial. Our government has a policy to duct, avoid and deny the depth of this recession.

Until the President and our Congress are willing to take the steps necessary to reset the clock, Wall St., the bankers and insurance companies, who financially support this two headed financial monster from both sides of the aisle in D.C., all will thrive, survive and prosper.

Take the Health Care Reform debate. In it's present and likely form, this package only benefits the insurers, not the Joe or Jane Doe on the street and it penalizes real small businesses who refuse to comply, because the recession has taken away any chance of Joe Six Pack's business from affording and being able to meet the financial standards proposed in the final form of this bill.

In the end, we need reform, regulation and resolve (RRR), none of which our state Senators, Congressman or President have to make the necessary changes in our economic system. Each of these three headed monsters have a selfish goal of re-election, hence, a propogation of this political and economic mess. Each of the three headed monsters need pack money, money from Wall St. and insurers and the likes of them, to support their re-election bids.

It does not matter whether the President is a Republican or Democrat as the likes of Goldman, JP Morgan, Merrill, BAC and the rest shall financially support both sides of the aisle to keep Wall street intact without substantial reform. Neither side of the aisle, or our President, will have the RRR to make the changes on Wall St. or in Government which are necessary to truly save our country.

It is a dire forecast, but unfortunately, one which is a reality. Sooner or later China will be dictating our economic future because we have no "cahoonas" to take the necessary steps and execute real plan and to take the necessary measures to clean up Wall St. and to bite the bullet with tough economic policies.

Obama's change was nothing more than political rhetoric. In Washington, there truly has been no change, just more spending, more deficits and pushing the onus of this mess off to the generations of our children to deal with. Both Republicans and Democrats ride the same agenda and plans. They each package and label it differently but the net effect is the same- that is- secure the financial support of Wall St., insurers and financials and in turn Uncle Sam will look the other way. After all, look who Obama picked to run his cabinet and our finances...Wall st. folks.

To saddle my kids with this mess is simply abhorrent to being a good parent.

My sentiments are for my kids and their kids and thankfully we should have enough to help them, but the rest of the country's standard of living is sure to suffer in generations to come because no one is willing to take the necessary steps to effectuate the change we need to make as a country (RRR).